Compare 2007 Volkswagen GTI Car Insurance Rates

Searching for lower insurance rates for your Volkswagen GTI? Feeling guilty for buying an overpriced insurance policy? Believe me when I say there are many drivers thinking the same thing. There is such a variety of insurers to buy insurance from, and although it’s nice to be able to choose, so many choices can make it hard to adequately compare rates.

It’s a great practice to do price comparisons yearly because insurance prices change frequently. Just because you had the lowest price for GTI coverage a couple years back you may be paying too much now. Ignore everything you know about insurance because it’s time to teach you the proper way to save money, get proper coverage and the best rates.

Six things that determine your insurance rates

Smart consumers have a good feel for some of the things that play a part in calculating your insurance coverage rates. If you have some idea of what influences your rates, this allows you to make good choices that could result in better insurance coverage rates. Many factors are taken into consideration when pricing auto insurance. Most are fairly basic like a motor vehicle report, but others are less obvious like your vehicle usage or your vehicle rating.

  • Your stress level may be raising your insurance coverage rates – Did you know your career choice can influence rates? Careers such as military generals, architects and dentists usually pay higher premiums than the average policyholder attributed to intense work-related stress and long work hours. On the flip side, occupations such as scientists, historians and performers get better rates for GTI coverage.
  • Marriage discount – Having a wife or husband can get you a discount when shopping for insurance coverage. Having a significant other demonstrates that you tend to be more financially stable and statistics show married couples file fewer claims.
  • Cautious drivers pay the best prices – Being a careful driver impacts premiums far more than you think. Only having one moving violation may cause rates to rise by twenty percent. Drivers who don’t get tickets get better rates as compared to careless drivers. Drivers with serious violations like DUI, reckless driving or excessive speeding may find that they have to to prove financial responsibility with their state DMV in order to drive a vehicle legally.
  • Women tend to cost less – Statistics have proven that men are more aggressive behind the wheel. The data does not necessarily mean that men are WORSE drivers than women. Both sexes get in auto accidents in similar numbers, but the males have costlier accidents. Not only that, but men also get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly.
  • Safety first – Safe vehicles tend to have better insurance rates. The safest vehicles protect occupants better and better occupant protection means your insurance company pays less which can mean better rates for you.
  • How many miles do you drive? – Driving more miles every year the more you’ll pay to insure it. A lot of companies charge rates based on their usage. Cars and trucks that are left in the garage cost less to insure than those used for commuting. Make sure your insurance coverage policy is rated on annual mileage. An incorrectly rated GTI may be wasting your money.

Discounts to earn cheaper car insurance rates

Companies don’t list all disounts in a way that’s easy to find, so the list below details both the well known and the more hidden credits available to you.

  • Telematics Data Discounts – Drivers that enable their car insurance company to scrutinize driving patterns by using a telematics device such as Allstate’s Drivewise and State Farm’s In-Drive system may see discounts if their driving habits are good.
  • No Charge for an Accident – This isn’t a discount exactly, but certain companies will let one accident slide before they charge you more for coverage if your claims history is clear for a specific time period.
  • Save with More Vehicles Insured – Buying insurance for multiple vehicles on one policy qualifies for this discount.
  • Discounts for Seat Belt Usage – Requiring all passengers to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
  • Memberships – Being in specific professional or occupational memberships or organizations could qualify you for a break on your next renewal.
  • Defensive Driver – Passing a safe driver course is a good idea and can lower rates and easily pay for the cost of the class.

It’s important to note that most discounts do not apply to your bottom line cost. Some only reduce specific coverage prices like liability and collision coverage. So when it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way.

Larger car insurance companies and a partial list of their discounts can be found below.

  • The Hartford offers discounts for anti-theft, vehicle fuel type, air bag, bundle, and defensive driver.
  • American Family includes discounts for bundled insurance, air bags, accident-free, good driver, and multi-vehicle.
  • Progressive may have discounts that include online quote discount, continuous coverage, homeowner, online signing, and multi-policy.
  • Travelers has savings for early quote, IntelliDrive, multi-policy, student away at school, continuous insurance, payment discounts, and good student.
  • Farmers Insurance may offer discounts for good student, pay in full, multi-car, youthful driver, and homeowner.
  • USAA has discounts for defensive driver, annual mileage, safe driver, military installation, family discount, and good student.
  • Liberty Mutual may include discounts for newly married, teen driver discount, newly retired, hybrid vehicle, good student, and safety features.

If you need cheap auto insurance quotes, ask every insurance company which discounts you qualify for. Some credits may not apply to policies in your area. To see a list of car insurance companies who offer free car insurance quotes, click here to view.

Insurance ads bend the truth

Drivers can’t get away from ads that promise big savings for switching from companies such as Progressive, Allstate and Geico. All the ads advertise claims of big savings if you change your policy.

Is it even possible that every company can cost less than your current company? Just pay attention to how they say it.

Insurance companies offer their best rates for the driver that will generate a profit. One example of a desirable risk might be over the age of 50, has no claims, and the vehicle is rated for pleasure use. Any customer who meets those qualifications receive the lowest rate quotes and will most likely cut their rates if they switch.

Consumers who fall short of these criteria will probably be forced to pay higher prices with the end result being the prospect going elsewhere. The ad wording is “customers that switch” but not “all drivers who get quotes” save that much when switching. That’s the way companies can advertise the savings.

Different companies use different criteria so you absolutely need to compare rate quotes every year. Because you never know which company will have the best prices for your profile.

Tailor your auto insurance coverage to you

When buying adequate coverage, there really is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs so your insurance should reflect that For instance, these questions can help discover if your insurance needs will benefit from professional help.

  • Is my 2007 Volkswagen GTI covered for flood damage?
  • Does my 2007 Volkswagen GTI qualify for pleasure use?
  • Do I have any recourse if my insurance company denies a claim?
  • I have a DUI can I still get coverage?
  • Should I drop comprehensive coverage on older vehicles?
  • Can my teen drive my company car?

If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and may give you better protection.

Detailed coverages of your insurance policy

Having a good grasp of insurance can help you determine the right coverages and proper limits and deductibles. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording. These are typical coverages offered by insurance companies.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants as well as damage to your Volkswagen GTI.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Most of the time these limits are set the same as your liablity limits.

Liability coverage

This coverage protects you from damage that occurs to other’s property or people that is your fault. This coverage protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for things such as repair costs for stationary objects, structural damage, loss of income and court costs. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible.

Comprehensive coverage

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as a broken windshield, hitting a bird and rock chips in glass. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like EMT expenses, rehabilitation expenses, nursing services and prosthetic devices. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. They cover all vehicle occupants in addition to any family member struck as a pedestrian. PIP is not available in all states and may carry a deductible

Collision coverage

Collision coverage will pay to fix damage to your GTI resulting from a collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for things like damaging your car on a curb, hitting a mailbox and crashing into a building. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Affordable insurance is out there

In this article, we presented a lot of information how to lower your 2007 Volkswagen GTI insurance rates. The key thing to remember is the more you quote auto insurance, the better your chances of lowering your auto insurance rates. Consumers may even find the best rates are with an unexpected company. They may only write in your state and offer lower auto insurance rates compared to the large companies like State Farm and Allstate.

Cost effective 2007 Volkswagen GTI insurance is available on the web as well as from independent agents, so you should compare both to have the best chance of lowering rates. There are still a few companies who don’t offer the ability to get a quote online and usually these small, regional companies sell through independent insurance agencies.

When searching for the cheapest auto insurance quotes, don’t be tempted to reduce needed coverages to save money. In many cases, consumers will sacrifice comprehensive coverage or liability limits only to discover later that it was a big error on their part. The goal is to find the BEST coverage at a price you can afford while not skimping on critical coverages.

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